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Travel and Transport
Travel and Transport began as a travel agency in Omaha in 1946, built by the Luse family over decades into a full-service corporate travel management...
Travel and Transport
Travel and Transport began as a travel agency in Omaha in 1946, built by the Luse family over decades into a full-service corporate travel management firm. The family office manages wealth generated from that operating business, with Bill M. Luse as Chairman and Mike Thomas as CEO of the broader enterprise as of public record. The firm invests across multiple asset classes, including travel technology platforms, hospitality properties, real estate, and infrastructure. Portfolio holdings include the corporate travel management division itself, which serves large US corporations, plus a mix of owned hotels, commercial real estate, and transportation-related assets. Geographic focus is primarily North America, with a concentration in the Midwest and Southeast United States. Travel and Transport employs over 1,000 people across its operating businesses, according to public sources. The firm maintains additional offices in Atlanta and Lincoln, Nebraska. No additional philanthropic vehicles or adjacent investment arms have been publicly identified. As of 2024, the travel management company continues to expand its technology offerings for corporate clients. The key structural differentiator is that Travel and Transport operates as a family office embedded within an ongoing operating business. This hybrid model gives the firm direct operational insight into the travel sector while enabling patient capital deployment across related industries.
General information
Firm type
Single Family Office
Year founded
1946
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Omaha
Corporate office
Omaha, Nebraska, United States
Additional offices
Atlanta, Georgia, United States · Lincoln, Nebraska, United States
Principals
Bill M. Luse
Chairman
Mike Thomas
CEO
Sector focus
Frequently asked questions
Who runs investment decisions at Travel and Transport?
Bill M. Luse serves as Chairman of the family office and operating company, overseeing strategic investment decisions. Mike Thomas is CEO of the broader Travel and Transport enterprise (public record). The firm does not publicly identify a dedicated CIO or separate investment committee.
How does Travel and Transport source proprietary deal flow?
The firm leverages its operating business as a sourcing platform in the travel and hospitality sectors. Its corporate travel management operations provide deal flow through industry relationships, client partnerships, and supplier networks. This operational data gives the firm visibility into trends and opportunities before they reach broader markets.
Is Travel and Transport structured as a single family office or does it operate more like a travel management firm?
Travel and Transport is a hybrid — the corporate travel management company generates the family's wealth and also serves as a core portfolio holding. The family office component manages capital from that operating business, investing directly in travel tech, hospitality real estate, and related sectors. It operates with a long-term, patient capital mandate typical of family offices.
What investment stages does Travel and Transport typically target?
The firm appears focused on controlling or majority positions in travel and hospitality businesses, often through direct ownership of operating companies and real estate. It does not publicly participate in early-stage venture funding or external fund commitments. Its portfolio includes mature, cash-flow-generating assets.
Where does the underlying wealth come from?
The wealth originates from the Travel and Transport travel management company, founded in 1946 by the Luse family. The firm grew into one of the largest independent corporate travel agencies in the United States, and the family office manages the profits reinvested from that core business (public record).
What is Travel and Transport's known posture on co-investments alongside external GPs?
The firm does not publicly operate as a co-investor with external GPs. Its investment activities appear concentrated in wholly-owned operating businesses and real estate assets, without disclosed fund commitments or joint ventures with third-party managers.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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